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correct eported that small businesses spend 29 hours a week marketing their business. A local chamber of commerce claims that small bu ecause these businesses are spending less than 29 hours a week on marketing. The chamber conducts a survey of 98 small busin average amount of time spent on marketing is 27.6 hours a week. Assuming that the population standard deviation is 8.1 hours. ort the chamber of commerce's claim at the 0.01 level of significance? pute the value of the test statistic. Round your answer to two decimal places.

correct eported that small businesses spend 29 hours a week marketing their business. A local chamber of commerce claims that small bu ecause these businesses are spending less than 29 hours a week on marketing. The chamber conducts a survey of 98 small busin average amount of time spent on marketing is 27.6 hours a week. Assuming that the population standard deviation is 8.1 hours. ort the chamber of commerce's claim at the 0.01 level of significance? pute the value of the test statistic. Round your answer to two decimal places.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Step 2 of 3 3/25 Correct reported that small businesses spend 29 hours a week marketing their business. A local chamber of commerce claims that small busi because these businesses are spending less than 29 hours a week on marketing. The chamber conducts a survey of 98 small busines ne average amount of time spent on marketing is 27.6 hours a week. Assuming that the population standard deviation is 8.1 hours, is port the chamber of commerce's claim at the 0.01 level of significance? mpute the value of the test statistic. Round your answer to two decimal places. 27.6 Ta
Transcribed Image Text:Step 2 of 3 3/25 Correct reported that small businesses spend 29 hours a week marketing their business. A local chamber of commerce claims that small busi because these businesses are spending less than 29 hours a week on marketing. The chamber conducts a survey of 98 small busines ne average amount of time spent on marketing is 27.6 hours a week. Assuming that the population standard deviation is 8.1 hours, is port the chamber of commerce's claim at the 0.01 level of significance? mpute the value of the test statistic. Round your answer to two decimal places. 27.6 Ta
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